SAN FRANCISCO (Reuters) - Electronic Arts Inc. (Nasdaq:ERTS - news), News Corp.'s (NYSE:NWS - news) Twentieth Century Fox Television and Gracie Films on Wednesday announced a long-term deal granting EA exclusive rights to develop multiple video games based on the Fox television series "The Simpsons."
Terms of the agreement, the first development deal between Fox and EA, were not disclosed.
EA, the world's biggest video game publisher, said the first game resulting from the agreement will be for next-generation video game consoles. No release dates have been announced.
Shares of EA -- which posted better than expected quarterly financial reports on Tuesday -- were up almost 8 percent, or $4.23, to $60.02 in midday trade on the Nasdaq.
http://news.yahoo.com/s/nm/20051102/tc_nm/simpsons_videogame_dc;_ylt=Aq0pBB.mObxjphWWedPoLnIjtBAF;_ylu=X3oDMTA5aHJvMDdwBHNlYwN5bmNhdA--
Terms of the agreement, the first development deal between Fox and EA, were not disclosed.
EA, the world's biggest video game publisher, said the first game resulting from the agreement will be for next-generation video game consoles. No release dates have been announced.
Shares of EA -- which posted better than expected quarterly financial reports on Tuesday -- were up almost 8 percent, or $4.23, to $60.02 in midday trade on the Nasdaq.
http://news.yahoo.com/s/nm/20051102/tc_nm/simpsons_videogame_dc;_ylt=Aq0pBB.mObxjphWWedPoLnIjtBAF;_ylu=X3oDMTA5aHJvMDdwBHNlYwN5bmNhdA--
